04 June 2004 21:48
IIB may issue $200 mln in Eurobonds in Nov-Dec
The issue could be postponed to the first quarter of 2005, as the
dates for the placement will depend on the market situation and the
MOSCOW. June 3 (Interfax) - International Industrial Bank (IIB) may issue $200 million in Eurobonds in
November-December 2004, Alexei Zlobin, the head of the IIB credit department, told Interfax.
It is too soon to talk about yield volumes, Zlobin said. "I
wouldn't even like to name a rate. At this point, we do not even know
what bonds we will issue - whether they will have fixed or floating
possible consequences of a new law on currency regulation and control, he said.
coupons," he said.
The money raised from the issue will go into current projects, he said. No special projects are envisaged, but some
of the money could be invested in retail business development. [RU ASIA EUROPE EEU EMRG GVD BNK] me
[Interfax] |
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